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Step-By-Step-Guide - How

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89 views6 pages

Step-By-Step-Guide - How

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Uploaded by

youknowpayal010
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STEP BY STEP GUIDE HOW TO LEARN FOREX TRADING HUADMIN? POH PHUMI ZENU STEPS- (6) @IndForexGuru 1. OPEN A TRADING ACCOUNT IN INDIA'S BEST BROKER, link in bio!! 2. CONNECT BROKER WITH meta trader 5 AND LEARN HOW TO USE THE APP TERMINAL 3. START LEARNING ABOUT CANDLE STICKS AND BEHAVIOURS, {explained in our forex basic video which is available on youtube for free} (©) @IndForexGuru 4. HOW TO DRAW SUPPORT AND RESISTANCE {explained in my youtube video} 5. LEARN ABOUT MARKET STRUCTURE. 6. LEARN PRICE ACTION 7. START PAPER TRADING {demo trading} IN META TRADER 5,the account you created. (6) @IndForexGuru 8. FIND TRENDS IN TRADING AND MARK SUPPORT AND RESISTANCE. 9. FIND YOUR ENTRY AND EXITS 10. LEARN RISK MANAGEMENT AND TRADE MANAGEMENT. ALL THE STEPS GIVEN HERE ARE EXPLAINED BY ME FOR FREE OF COST, GO TO MY INSTAGRAM AND YOU WILL FIND THESE EXPLAINED, YOUTUBE LINK IN BIO- DETAIL EXPLANATION VIDEOS @IndForexGuru BASICS FOR FOREX MARKET MARKET TIMINGS AND DAYS IST TIME 4:30 AM TO 3:30 AM WORKING DAYS MONDAY TO FRIDAY HOLIDAYS SATURDAY AND SUNDAY (© @lndForexGuru SESSIONS AND TIMINGS THERE ARE 3 SESSIONS IN FOREX MARKET IST TIME ASIAN SESSION- 4:30 AM- 11:30 AM LONDON SESSION- 11:30 AM- 5:30 PM NEW YORK SESSION- 5:30 PM- 10:30 PM {G) @IndForexGuru IMPORTANT WEBSITES AND APPS FOR FOREX TRADER 1.TRADING VIEW- FOR CHARTS ANALYSIS 2. META TRADER 5- FOR TRADE EXECUTION 3.BROKER-LINK IN BIO 4.FOREX FACTORY- GET NEWS ABOUT MAJOR EVENTS SO GOOD MOVEMNETS CAN BE CAPTURED. 5.GO CHARTING- FOR BACK TESTING YOUR STRATEGY. RULES 1. YOU NEED TO HAVE PATIENCE, TRADE ONLY IF YOU FIND SETUPS. 2. FIX NO OF TRADES, 1-2 TRADES PER DAY 3. FIX YOUR LOSS LIMIT, 2- 3% oF TOTAL CAPITAL- PER TRADE. 4. ALWAYS USE A STOPLOSS- PRESERVE YOUR CAPITAL. 5. DONT TRADE NEWS, YOU ARE A BEGINNER THE CONSEQUENCES ACCOR tinal TR ULULLEU aU elie ae Me cect Marte gy CMa ell eal fl fl 7 eae ee Tae Uc el am geass) Tsar t Peer ae Cee es OS RC SC Reem mceee Ved Snr ae enc) er apply No understanding of "i Pe eGie at) r) lhe acces eect Ue trading plan CCC @6oe¢e096 No need for risk control @ r Personally prove that it Ol eee oe) No need for caution in ry) Posies sen (1 aa So we get... aM gect @ Reese STE ul with very small amount of Piel Plan for how/when you will Pd ealeteni your capital grows ECU ue een) Cee eae cay case of losses @ Expect to take time to reach Ceca Ran ages The wrong result eyoyoyse Tree oN ae cost size

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